Masterclass
IBERIAN LAWYER
Secretaries of the board:
The duty to monitor compliance
Following the introduction of new rules in Spain, the role of secretary of the board is to
play an increasingly pivotal role within businesses. This latest amendment of the law
not only requires greater professionalism on the board of directors, but makes the old
recommendations for good governance enforceable by law.
February 25, 2016
The secretary of the board has overall responsibility for implementing such
changes, in order to ensure that the board’s actions comply with current
regulations and internal policies. Added to which, from a compliance point
of view, companies are also required to protect the company against cyberattacks or data theft that might jeopardise the sustainability of the company.
Therefore, secretaries of the board now need to monitor compliance from the
top-down and remain vigilant about those decisions adopted within the board.
Venue:
Hotel Wellington
Calle de Velázquez 8
28001 Madrid
Time:
9.00 am -11.00 am (GMT+1)
Iberian Lawyer is bringing together a group of secretaries of the board, in order
to share the results of our latest research into this important role.With a focus on
pertinent issues, the session seeks to address the following questions:
What are the biggest challenges of the role of secretary of the board and how best to adapt the
corporate culture to the new requirements?
What lessons have been learnt in recent years with regards to the director’s liabilities and how have
companies reacted to this new rule.c How is the duty of care is interpreted on the boards and what are
the risks if they are breached?
With regards to board meetings, what models allow greater effectiveness in the development of
decision-making and greater compliance within the current regulations? How has the board adapted its
procedures to meet the new requirements such as document management (e.g. electronic records)?
Have companies a clear strategy in terms of new risks such as cyber-attacks. How can one protect the
privacy and security of information against cybercrime?
If you are a secretary of the board and want to book a place on this free session,
please contact [email protected]
In collaboration with:
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